Patrick Hayes Email & Phone Number

Chesterfield, Mo

Chesterfield, Missouri

• Responsible for optimizing the market exposure of coal and natural gas fueled power generation with respect to financial and risk objectives set by Ameren leadership, and managing market risks associated with retail and wholesale marketing activities• Directed team responsible for power trading and fuel supply; activities included mid-marketing, trading, scheduling, contract negotiations, gas service agreement management, and period-end accounting• Managed a portfolio of assets and obligations in power, coal, natural gas, emissions, and capacity markets intent on maximizing value while minimizing risk• Identified market opportunities, developed recommendations, and made presentations to gain strategy approval from Ameren Corporation's Risk Management Steering Committee• Worked closely with Ameren Corp.'s Market Risk Management, Credit Risk Management, and Legal teams to facilitate effective hedging program• Oversaw the implementation of a stochastic-based heat rate hedging strategy for the natural gas-fired generation fleet • Directed strategies to monetize the value of leased natural gas transportation and storage agreements• Responsible for the development and tracking of 1-3 year budgets • Participated in multiple cross functional teams focused on innovation and cost cutting initiatives• Monitored positions, ensured policy compliance, and guided strategy adjustments• Hired, trained and managed a staff of trading professionals to execute AEM’s short, medium and long-term hedge plan

St. Louis, Mo

• Managed short-term hedge portfolio for a 6,500 MW merchant fleet of coal and gas generation in MISO and PJM• Developed analysis and gained senior management approval to execute strategy to identify optimal settlement for financial swaps between MISO Day-Ahead and Real Time markets• Directed all aspects of long-term, short-term, and daily hedge position for merchant CTG fleet including trade execution, physical/financial instrument selection, gas transport arbitrage decisions, monthly/daily coordination of power/fuel positions, FTR hedges, and RTO offer strategies• Optimize long-term wholesale power sales agreements with interruptible loads• Responsible for transactions inside prompt plus 2 years• Products included: physical/financial energy, heat rates, & DA/RT swaps

• Traded cash market gas to optimize transportation resources in the Gulf Coast, Mid-Continent, and Chicago regions with over $2M in arbitrage profits• Managed the gas supply of over 4,500 megawatts of Ameren’s regulated and merchant CTG fleets• Negotiated forward physical fixed price and swing option contracts• Managed the inventory injection and withdrawal activities of storage agreements

St. Louis, Mo

• Analyzed RTO market settlement data to optimize generation offer and power trading strategies• Recommendations led to a reduction of over $1M in RTO charges

• Traded physical power through regional arbitrage to balance the economic and physical requirements of a 12,000 megawatts system of generation including nuclear, coal, gas, oil, hydro, and pump storage resources• Responsible for identifying deviations in forecasted customer load and coordinating with operations team to provide optimal economic system dispatch• Directed the procurement of natural gas supply to support intra-day gas-fired generation demand• Provided market intelligence to short & long term trading teams

• Managed the operation of branch agency office including sales and customer service functions• Utilized both inside and outside sales techniques to acquire new clients and expand existing client accounts in all product lines• Performed financial needs analysis for clients and created policy proposals to maximize risk reduction and secure wealth• Analyzed personal credit risks as part of underwriting process

Instructed students in accounting and Microsoft Office software related coursesCreated engaging lesson plans and implemented effective classroom discipline policyDeveloped curriculum and taught honors level class in managerial accounting.Participated annually in mentoring program for new teachers

• Managed accounting for $122M in fixed assets including extensive interaction with corporate computer systems, maintenance of fixed asset database, monthly closings, development of budgets, and participation in physical inventories• Prepared monthly closing of utility accounts, including calculation of monthly usage and cost for steam and electricity and creation of monthly cost report for division managers and engineers• Developed annual budget and standards for utility accounts• Participated in feasibility study of interruptible power contract as part of cost control effort

Bs, Accounting

Bachelor Of Science, Accounting

Education record